972 E 42nd Place Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $7,559/month
Highlights
- New Construction
- Corner Lot
- No HOA
- Modern Architecture
- Granite Countertops
- Neighborhood Views
About This Home
** EXCELLENT INVESTMENT OPPORTUNITY ** New build from the ground up in 2020. A MASSIVE 2-story building that BOASTS 3,790 sq/ft of living space on a 5,234 sq/ft lot. Both units are 5 bedrooms and 3 bathrooms. Each unit has its own single car garage in the rear of the property. AMENITIES include for both units- Dual pane vinyl windows, granite counter tops, wood cabinets, tile flooring in the Kitchen & Bathrooms, carpeted bedrooms and forced heat throughout. The property includes artificial lawn for minimal maintenance and water usage. Please do not disturb the occupants. AGENTS bring your investors. AMAZING OPPORTUNITY to add to your portfolio or get started with a newer building.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,478
Year Built
- Built in 2020 | New Construction
Lot Details
- 5,234 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Landscaped
- Corner Lot
- Density is up to 1 Unit/Acre
- Land Lease of $3,950 per month
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Driveway
Home Design
- Duplex
- Modern Architecture
- Entry on the 1st floor
- Composition Roof
- Stucco
Interior Spaces
- 3,790 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Neighborhood Views
Kitchen
- Gas Range
- ENERGY STAR Qualified Appliances
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- Tax Lot 56
- Tax Tract Number 2286
- Assessor Parcel Number 5115018019
- $339 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $94,800
- Net Operating Income $94,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,478 | $947,111 | $421,051 | $526,060 |
| 2024 | $11,478 | $928,542 | $412,796 | $515,746 |
| 2023 | $11,257 | $910,336 | $404,702 | $505,634 |
| 2022 | $10,732 | $892,487 | $396,767 | $495,720 |
| 2021 | $10,584 | $874,988 | $388,988 | $486,000 |
| 2020 | $4,695 | $385,000 | $385,000 | $0 |
| 2019 | $3,713 | $309,864 | $309,864 | $0 |
| 2018 | $3,708 | $303,789 | $303,789 | $0 |
| 2016 | $3,551 | $291,994 | $291,994 | $0 |
| 2015 | $3,499 | $287,608 | $287,608 | $0 |
| 2014 | $3,509 | $281,975 | $281,975 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $1,250,000 | +224.7% | $330 / Sq Ft |
| 10/08/2019 10/08/19 | Sold | $385,000 | -10.5% | -- |
| 09/15/2019 09/15/19 | Pending | -- | -- | -- |
| 07/03/2019 07/03/19 | For Sale | $430,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Burbank | |
| Grant Deed | $385,000 | First American Title | |
| Grant Deed | -- | None Available | |
| Quit Claim Deed | -- | Accommodation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $511,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25169585
APN: 5115-018-019
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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